Was watching one of Tai's videos on YouTube today and he starts talking about Bitcoin as an intangible asset. I think he made a few good points on the subject of Bitcoin and I think the community of BitcoinTalk would enjoy it as well. Check it out, guys! If you are an entrepreneur you will definitely gain a few new insights.

https://youtu.be/ToUoTBtqpm8?t=1h27m39s

Note: You don't have to watch the whole thing. I have sped ahead to the exact spot in the video where Tai starts talking about Bitcoin & cryptocurrency.

It could make the entire voting process more transparent, on both sides, for candidates and voters. Candidates can be sure of tally numbers and recounts are easily done by checking the Blockchain. Voters will gain ease of access and a wealth of knowledge on candidates, statistics, media and the like.

Use of the blockchain for trust reasons in Politics could be a gamechanger, and could steer us away from a lot of the problems plaguing our systems today. I like the idea, and I hope it gets implemented in the next 200-300 years 

Usually, it depends on the other person's knowledge of Fiat currency and their financial literacy. If they are clueless, they will be skeptical and have a ton of questions. It is tougher to explain to them why Bitcoin has utility over cash in a bank, for example, and should be looked at as an investment rather than a gamble or risk. Most people will follow what they hear in the media - which can be a number of crazy things when it comes to Bitcoin.

Everyone has a different perception of money, so the conversation essentially revolves around how much they know about money to understand Bitcoin.

Nope, the information gap is still too large for us to reach the apex of user adoption. We are still in the early adopter phase, but are getting pretty damn close to the next stage. I think a major bank, government or corporation really has to start taking on Bitcoin for it to completely spread to the masses who are easily influenced by mass media.

The whole Chase, "Bitcoin is a fraud" thing certainly didn't help progress Bitcoin as I am sure a lot of older, institutional investors see more risk with Bitcoin - real or not.

I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?

Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

These are the guys who know how media works. They are influencing you by telling you lies, so the price can drop, and smart investors can buy when the price is cheap.  

From Hollywood, to Cable TV to the Internet, mass media has had a huge effect on perceptions, cultures, mindsets and societies as a whole. As an entrepreneur, I know how powerful the media has and can be. I would just urge people to watch news from afar and study true knowledge i.e. books up close. As long as you understand the fundamentals of Bitcoin there is nothing to worry about for the long term. 

No, most likely not. Since the value of Bitcoin is ever-increasing and dependent on both demand and supply (which in this case is a shrinking constant), people are going to buy and save their Bitcoins as an investment. Even though they can, people in the future are most likely not going to be spending their Bitcoins on groceries, but will be saving them in their vaults and IRA's.

It would be like going to the supermarket with a few gold bullions, and a gold chain.

Overall I will say that I can see Litecoin or Ripple (or even Dogecoin) used primarily for transactions as opposed to investments.

No, they wouldn't be able to. Bitcoin has no central operator and thus transactions cannot be controlled or influenced by anyone.  The only way they would be able to criminalize Bitcoin would be for what its intended purpose is.

If people are using Bitcoins to purchase drugs off of an online marketplace such as the now-defunct Silk Road (which they have), then, of course, the law would be inclined to prosecute them. I think it really depends on what the Bitcoins are "used" for. First of all, it is a currency for exchange and secondly, it is really too decentralized to be criminalized by platform rather than intent.

I could see people purchasing houses with Bitcoin.....maybe not anytime soon, but sometime in the future, it could definitely be viable.

Zillow accepting Bitcoin as a form of payment would be a great start, and I would be down to pay rent with Bitcoin if given the option. Maybe some people are broke and have to dip into their Bitcoin savings to pay rent 

This article seems poorly written. But the facts of the matter are that if Amazon were to adopt Bitcoin as a payment method it would completely change the perspective of the currency and likely 2x, maybe 3x the price instantly

It seems unlikely that they would anytime soon with the media scrutiny and the unstable prices. I wouldn't get my hopes up for Amazon (or Uber) accepting Bitcoin until it gets regulated. Until then, most businesses will have their panties in a bunch fearing regulators and volatility.

Shopify is a great source to get paid in BTC. There are also a few Wordpress plugins that will allow you to accept Bitcoin via your website.

Personally, BitcoinTalk signature campaigns are a great source of Bitcoins for me

XBT Freelancer is a good option if you open to doing work for others.

I also earn a decent referral commission from MoonBitco.in and FreeBitco.in faucet sites from YouTube videos I created and ranked a while back (Very minimal but it adds up).

Sounds like a bunch of journalists who don't know much about the fundamentals of Bitcoin talking about its viability for the future because they have a platform  Bitcoin is only risky if you don't know how it is created, how it works and its advantages.

It is sort of like the stock market, where there are many traders who just look at the numbers and do fancy market analysis to predict the future.

Then there are investors like Warren Buffet who will find a good business with great fundamentals and go all in with it.

Personally, I am more of the 2nd type of investor. Articles like this from Forbes appeal more to the casual investor who wants to sprinkle a few dollars to make some back rather than the hardcore ones who know a good business/opportunity when they see one.

A number of Bitcoins lost definitely depends on what the original creators and early adopters did with their coins. It is tough but I would estimate somewhere between 500,000 to 5 million BTC have been/will be lost forever. More will be lost in the future due to theft, fire, accidents, hard drive/smart phone failures, etc

There is a decreasing amount of new bitcoins entering the ecosystem every year so I'd imagine the newly mined ones will be coveted a bit more highly.

Looking forward to joining this Synapse signature campaign. I have already set my avatar and signature to the correct versions. Cheers!

Bitcoin Talk Name: smartbitcoininvestor
Bitcoin Talk Profile: https://bitcointalk.org/index.php?action=profile;u=981261
Rank: Full Member
Post Count (including this post): 260
BTC Address: 1GX5Vwe5LCfdkQ9V2kDSQsZk9kp2vBxvKV

Looking forward to joining this BLOCKv signature campaign. I have already set my avatar and signature to the correct versions. Cheers!

Bitcointalk username: smartbitcoininvestor
Rank: Full Member
Current post count: 258
Bitcoin address: 1GX5Vwe5LCfdkQ9V2kDSQsZk9kp2vBxvKV

Thanks izanagi it has been a pleasure working with this campaign. Best of luck

Some numbers to put into perspective...

There are 21 million total Bitcoins that will ever be created and/or mined and currently 749,128 users on BitcoinTalk.

If Bitcoins were split equally amongst the population on BitcoinTalk we would receive 28 BTC each.

Taking this a step further... Considering this is a global forum and that globally there are 7.4 billion people, approximately 0.0001% of the world is on BitcoinTalk. Basically, this means one person on the street out of 10,000 is on BitcoinTalk.org.

Essentially, there is still massive potential for the growth of Bitcoin considering it is a strong investment vehicle and an asset for wealth. Every single person and their kin would be able to enjoy and nurture the value of Bitcoin for generations to come.

Keep buying and hodling folks. The growth hasn't even hit its climax yet.

P.S. I wonder how many of the current 749,128 users have more than 28 BTC each....  

Bitcoin represents a beacon of hope that our current worldwide financial disparities can be equalized and/or democratized in some way. In the future, with a decentralized currency, we can build decentralized networks around education, computer, finance, business and pretty much anything. Someone from the slums of India can benefit just as much as someone born in the United States in resources and information. Maybe not independently, but as a flint to light the flame of a revolution, Bitcoin will change the world.

Most definitely, Bitcoin and cryptocurrencies are the great equalizers for the financial strait we are in. Fiat currency is mathematically unfair because of how credit is created (hint: used to be backed by gold; now out of thin air by Central Banks) and has the potential to implode at any moment. The only thing truly holding up our current financial system is the government and central banks themselves.

Bitcoin will bring about money 3.0 and represent a world of fraud-free, inflation proof transactions that the world as a whole can enjoy regardless of location. 

I would recommend Mike Maloney's series on YouTube if you want to get a true sense of where the economy is and where it is going.

Any dumb ol person can tell you to just HODL onto your Bitcoins. You could spend 5 minutes reading the forum here at http://Bitcointalk.org and realize it is a smart investment for now and the future.

Who knows how long it will take.... but it is almost an inevitability that Bitcoin will break the $25,000 barrier and go upwards into the six figures.